Qingdao TGOOD Electric Co., Ltd.

Shenzhen Stock Exchange 300001.SZ

Qingdao TGOOD Electric Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.74

Qingdao TGOOD Electric Co., Ltd. Debt to Equity Ratio is 0.74 for the year ending December 31, 2023, a -15.82% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Qingdao TGOOD Electric Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.87, a -2.40% change year over year.
Qingdao TGOOD Electric Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.90, a -12.00% change year over year.
Qingdao TGOOD Electric Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 1.02, a -28.26% change year over year.
Qingdao TGOOD Electric Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 1.42, a 13.81% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Shenzhen Stock Exchange: 300001.SZ

Qingdao TGOOD Electric Co., Ltd.

CEO	Mr. Jun Zhou
IPO Date	Oct. 30, 2009
Location	China
Headquarters	No. 336 Songling Road
Employees	9,299
Sector	Utilities
Industries Electricity Automobiles & Vehicles Ceramics Electric Vehicles (EVs) Energy Infrastructure & Tools Gas Hardware & Electronics Lithium Utilities

Description

Qingdao TGOOD Electric Co., Ltd. provides the electrical transmission and distribution solutions in China and internationally. The company offers kiosks, trailer, modular, and skip substations; electrical components, including HV gas insulated, HV hybrid gas insulated, and medium voltage switchgears; and transformers, such as dry type, oil filled, and amorphous alloy core transformers. It serves mining, oil and gas, railway, utilities, and renewables industries. The company was founded in 2004 and is based in Qingdao, China.

Key trends

Past 5 years